Filed in archive Information on July 30, 2010

Company's Subsidiary LML Patent Corp. Advised Interpartes Reexamination Granted

© Steve Snodgrass

On July 29, 2010, LML Payment Systems Inc. learned that the United States Patent and Trademark Office had posted a non-final office action on its public Patent Application Information Retrieval ("PAIR") website regarding the inter-partes reexamination proceeding with respect to U.S. patent #RE40,220 (the "Patent"). Although , the Corporation had not yet received formal notice from the USPTO regarding the issuance of the office action, 16 of the Patent's 104 claims are now subject to patent reexamination and have been rejected. As disclosed in the Corporation's Form 10-K for the year ended March 31, 2010, filed with the Securities and Exchange Commission on June 24, 2010. Moreover the Corporation plans to file a response to this non-final office action with the USPTO in due course which may confirm, amend or add new claims as deemed appropriate.